Post: WB appoints Ahmadou Moustapha Ndiaye as Country Director for the Maghreb and Malta

Tunis: The World Bank has announced the appointment of Ahmadou Moustapha Ndiaye as the new Country Director for the Maghreb and Malta. He succeeds Jesko Hentschel, who has served in the position for the last five years. Ndiaye will lead the World Bank's engagements with the governments of Algeria, Libya, Malta, Morocco, and Tunisia, development partners, and other stakeholders on initiatives aligned with the countries' priorities and the World Bank's vision to create a world free of poverty on a livable planet.Based in Rabat, Ndiaye will lead the World Bank's strategic partnerships in the Maghreb and Malta and oversee a financing portfolio of $11.5 billion, as well as the provision of important innovative knowledge, policy recommendations, and advisory services. He will lead the World Bank's efforts in supporting the different countries in achieving their respective development priorities including inclusive growth, private sector job creation, climate resilience, critical infrastructure access and human ca pital development, especially for women and youth.Ndiaye brings over 25 years of development experience to his new role, having held a range of operational and leadership positions at the global and country level, including in Africa, Latin America, Eastern Europe, and Central Asia. He has forged a strong track record of delivering impactful results tailored to unique country contexts. Prior to his current appointment, he was the World Bank's Director of Strategy and Operations for Equitable Finance and Inclusive Growth. A Senegalese national, Mr. Ndiaye holds a Master's degree from the ESCP Business School in France and is fluent in English and French, as well as his native Wolof.Source: Agence Tunis Afrique Presse

First Simandou Mining Summit Draws Over 1,000 Delegates to Conakry

Conakry:Guinea is hosting the inaugural Simandou Mining Summit in Conakry from November 11 to 14. The event, themed “The Mining Industry A Catalyst for Economic Sovereignty,” is organized by the Simandou Strategic Committee in collaboration with the M…

Biovéa Biomass Power Plant Inaugurated in Ayébo, Ivory Coast

Ayébo:The 46 MW Biovéa Énergie biomass power plant was inaugurated in Ayébo, located in the Aboisso sub-prefecture of the Sud-Comoé region. The inauguration ceremony, held on November 5, was attended by the Minister of Mines, Petroleum and Energy, Mam…

Ethiopia’s GDP Reaches $210.7 Billion Following Rebasing

Addis Ababa:Ethiopia’s Finance Minister, Fitsum Assefa, has announced the results of the GDP rebasing with the Ethiopian fiscal year 2017 (2024/25) as the new base year. The announcement was made in Addis Ababa on November 4.

According to Africa New…